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HomeMy WebLinkAboutO-00579ORDINAL Ct" 10. 6704 Af O DI tAtTCt CA ,Itt 0 Al tlitcTIcg To VOTt 0 3 l ISSU ►gCt 0' BOI S OF' c t`i*.t OF .rrrr.►a UllE AS, the Commission of the Cit, of ; iarai deems it' ads visa,b Le to Jasue bonds of the City of L iami ih the sum of t1even %.iil.l.ion TWO Hundred Arty rllotisand Dollars (4U,250,000.00) for the several. purposes and in the several amounts respectively set out in this ordinance, except that in respect oi' 11,606,000. bonds for ad- va; �icin; to tilt. Governrz:lent of the "United States or the lJecretary of War funds for harbor improvement, it is the expectation of the Coinlmission to anticipate the sale of such bonds by the issuance of bond anticipation .cotes and to use Tunas that may be ap-oropriated by the Government for ouch harbor iuprovetaent in the ^;days gent of such notes if such funds should be received in reaso.i ole time before the expiration of the period in which such nouns may lawfully be issued. LOW, THEREFORE, BE IT JR»4U D DY `SHE CO12 I5c IO " OF T ^ CITY OF =A I: Section 1. That sub jdct to ratification by the vote of a majority of the electors, who are freeholders of the City of I, iarni, votin sel)arateiy u,pon each of the nineteen (19) bond issues erein- after mertioned at an election to be :field on the 10th clay of Yebruary 1926, which is hereby called, the negotiuole bonds of the City of Miami snail be issued as fo Ivws: (a) Hot exceeding 3150,000. for constructing an addition to the City Ilospital and purchasing equipment therefor, said bonds to mature ae follows: $10,000. in each of the years 1942 to 1956 inclusive, so that all thereof shall have matured within the probable :.i e of said improvement, which probable life ie now estimated and declared to be 30 years from ;.larch 1, 1926. (b) _ of erczeeding 600,000. for exteucii.ng the City's water eyeteu, b ► laying additional pipe liner, oonst •noting a new filter plant or li:al ing a addition to the present filter plant, eonstrueting new Qre ;e .tallse, installing pulps, dri4inE additional wells and acquiring lane f'o .the same, sa44 toms to 4lature 4e :o l.iows: 210,000. in eech Q the ,yeare 194g to 194E inclueivc, an „t4,O00, in each of the ,resrS 194? to 1956 incl eiva, Q teat all tnOreQi 1=+ = 4aYe gaga. , 4 in t'tired Within the probable life of said improvement, which probable life is aiow e9timate& and i.eele.red to be 30 years from 11treh 1, 1926. (0) Not exceeding *350,000, for eXtending the tracks and equipment Or the street railway system, said bonds to mature as follows: C0,000, in each of the years 1929 to 1931 inclusive, 10,000. in each of the years 1932 to 1935 inclusive) :20,000. in the year 1936, 26,000, in each of the years 1937 to 1941 inclusive aid.,. 30,000 in each of the Years 1942 to 1946 inclusive, so that all thereof shall have matured within the probable life of said improvement, which probable life iu -0% estimated ard deolLred to be 20 years from ;Laren 1, 1926. (d) Not exceeding ; 300,0006 for constructing bridge over the i iami River at or near Northwest grid Street, said bond:: to ma:6ure as follows: 10,0006 in each of the years 1936 to 1938 inclusive, and $15,000. in each of the years 1939 to 1956 inclusive, so that a_.1 thereof shall have natured within the probable life of said improve- ment, which probable life is now estimated and declared to be :0 years from March 1, 1926. (e) Not exceeding 350,0006 for constructing L bridge over the Miami River at or near Northwest 18th Avenue, said 'oonds to mature as follows: 310,000 in each of the yearb. 1936 and 1937, `'16,0006 in each of the years 1936 to 147 inclusive and :;20,000. in each of the years 1948 to 1956 inclusive, so that all tneroi' shall have matured within the probable life of said improvement, which probable life is now estimated and declared to be 30 years from :'arch 1, 1926. (f) Not exceeding 0300,000. for constructing L bridge over the T iarai River at or near Northwest 17th Avenue, said bonds to mz4ture es follows: 410,000. iu each of the years 1936 to 1956 is a usive, anti $15,000. in each of the yea. s 1939 to 1956 inclusive, so that all thereof =':.alb i2.Lve matured. within the probable life o1:' said improve- v*;ie4 prooab1e "life is .:ow estimated and. aec1 red, to be 30 years from garch 1, 1926. (g) iTot exceed .Ag $30, 000. for cOnbt 'uet,in a b " .a ,; . over the *•- al haver at or near t$outhw<st 1st t1%,e +, sad 091415 to i:s,t,4V0 40 ±'o1a.owc. f;10,O00. 14 e rr;z Of t14e yet.rs 1956 wgi 1957, 4145,000. ill each of tie ,years 1956 to 1% t iucluz ive, w.a 0,0009 its ees.t of the ul:Its 1948 to 1956 ineltsive, to that all thereof shall hale milttirea 'within the prObable life Of saidimprovement, which ilrobable life it .hOw estimated and deelsred to be 30 tears from l!arch 1 1926. (h) 711Ct ekceeding ::;,500,000‘ for Constructing a bride over the Eiami Rivet at or near Southeast knd kvenue, said bonds: to ti.t.lite as follows 5,000., in each Of the years 1936 to 1941 inclusive, 20,000, in each of the years 1942 to 1946 inclusive, 130,000, in each of the yeat,s 1947 to 1955 inclusive, Lila '';40,000. in the year P 1956, so that &II thereof sall have :-atared v:Ithin the life of saIC im:J,roveLent, -oroA:arie iL O. est1LJ!Aed (1,e- clared to be 30 years from :.arh 1, 1926. (i) :Tot exceeding 1,605,000. for advnein,7 to the (overn- :;ient of the United States or the Secretary of ;s,,r fUnds to be e:,:pend- ed in the prosecution of works of narbor improver:ent auly adopted and authorized by law of the United States beifl;,. the deepeninE of the ship channel within riaA Harbor and the approaches jt,e.reto, ii bona to mature -S.E follows: ..,;70,000. in each of the years 19,) to 1943 inclusive, aui'a. 75,000. in each of the years 1944 to 1956 in- clusive, so that all thereof shall have z.latured within the probable life ot =lid improvement, which probable life is now estimated and dolv.red to be ZC ;Jqt-T8 fro 1, 19. (j) 11%)t eXceedinc :1,50.0,C00. for constructinc additional wharves, warehouses anu dock, deepenitine of t.tininE basin anddredg- ing necessary slips, said bon i:.,s to mature as follows.: .;:;60,000. in 19136, )05,000. in each of the years 192:7 to 1940 inclusive, )70,000. in each of the years 1941 to 1945 inclusive, 75,0004 in each of the years 1946 to 1955 inclusive ca4 A0,000. in the year 1956, so that all thereof .4111.1 have r..atured Within the probable life of said imf,rove- 1ent, which probable life is now. estipeted and declared to be 30 yel:a's from 2:arch 1, 196. (1:) ,75,00C. fo:v pumps and adUtional ecutpmeht for the '11.ch '2re'settre water eyetein, 84id bo434e to nature u.s :;';ellOwe; ;40,00Q, in ech of the to 194C4 ineu.ive, A.),000+ in the yiar 1947, ;;0,000, eac, tb.e;i7P37.P. 1940 to 1914 1.401up.1”, 1 n 4ch 02 the years 190, to 196 14414111I0, 411 ireoi 11 Auxect'vf,4 t14 :prpbgl;)10 ai7L11.yrQvIlto -robable is vatlx4to4 P4014, 414.-ro4 to e Q Z4.,P.41 19c• ' = , • -11 (1) rot e:-ceeding 4000001. for constructinc additional incinerators and Garbage and tradh dispoeai elants and acouirinc necessary land fOr the siame, said bonds to mature as follows: in eh 01 the years 1020 to 1931 inclusive, ::;10,000. in each of the years 1932 to 1934 inlolusive, ;15,000. in the year 1935, A0,000, in each Of the years 1936 to 1945 inclusive, and ,40,000. in the year 1946, so that all thereof shall have hatured within the probable life of taid improvement, which probable life is now estimated and de- clared to be 20 years fffom 1:arch 1, 1926. (m) :ot exceeding :::3,200,CCO. for viLe:_inc aeie. exteeldic streets, said "Londe to Liatire as follows: :,:11.:01000. e eech of the year: 1936 to 1953 inclueive, ,;160,000. in the ::eer 1954, and ;170,000. in each of the years 1955 and 1956, so that all theveof shall hew: matured within the probable life of cai. iLiprove ent, .ehich elrobable life is now estireated aa.1 decle.red to be 0 ytar; from 2:arch 1, 196. (n) :ot exceeding ;,;180,000. for constractirlf additional five stations and aceuivin sites for the same, said ."c,ande to r..ature as follows: '715,000. in each of the years 1936 to 1947 inclueive, eo that all thereof shall have leatured within the probable life of st.iti provement, which probable life is now estimated and declared to be 30 yeere from :lere:e 1, 19. (o) lot; exceedinc ;145,000. :i'or eurehesinL Zire alar:-:1 equip- reent, said bonds to mature as follows: .)5,000. in each of the years 1929 to 1931 inclusive, ,10,000. in each of the year 1932 to 1935 inclusive, 3.5,000. in each of the rears 1936 to 1941 inclusive, eo that all thereof saall heve matured 'within the 2robable life of zaid improvement, which probable. life is floe eStimeted and deolared to 'be 15 years from !:arch 1, 1926. (p) ot exceedinc e50,000. ror ineal-liaz; additional fire hyarante d corr,leetiont, L0114S t0 s in t4e 193( t 19J iecluei%el a:1 have matured within the probable life 01. aid improvement, whigh probable 11.1e 1QV estim,ted and deolred to be 1.9 yers rom 2Arch' 1, 1926. ::4) exceeding >1451000. ;fOr 1)v414-1,41 for ther.torAr2e, cl 7 Vehielee, „q.-0.t1)44,11t ani 1ie, to $ fo-47,Qw; ' st5mi -010 000. in the year 1936, ;.15.0000.6 in each of the years 1907 to 1540 inclusive, f201000: in each of the years 1041 to 1945 inclusive, and. !i25,0004, in each of the years 1946 to 1556 inclusive, so that there e Shall have matured within the probable life Of said im- provement, which probable life is now e8timted and aeelared to be 00 tears from ::arch 1, 19266 (r) eXceeaing ::,;200,0cc. for con -627uotinz: a cews..7..e dth- posal works or plant, said bonds to mature as follows: .)5,000. in each of thc :rars 1929 to 1931 incl-us-Lve, eoyh of the trz n 4. " r uo 193:0 Ine.Lo..e) ...UL thy -„,e,aa. in each of thy ara 19::7 to 1941 inelzie, -6h:t all eeoi hall have nlatured within the prObable lify V.L. aaid imrov, ythieh probCole life it o,1-6. declared be 1, 1926. (s) -sob e%eeedTh:. ,2t0,000. for pL„-.n,.. are the yoz..t of collstructinc sanitar;), sewers, ziC on. to ::t-ae a, follows: 5,000. in ec o the ,-ers 19:,.0 to 19a, 1CICCO. ii each of the years 1932 to 19ZL inclucive, anf.1 20,000. each of the years 19 to 1945 inclusive, so that all 7..ehereof hav r..!_tured within the probable life of said improvement, which probable life is noi elLrC lc LC 11 19:L:C. 2ection 2. -2h'_t all of the - c:-01 interest at ot Le414- annually, ni oth inci.1nna int,rest slial1 be Ltt. .tes e L rurt Co!,-.11a1ly ill 1,1:(;ii 0: ana saia bonCa :shall be ir the dez.a.lin tiou o .1,CC0. ::ection '2h.t ciz,1 eletioa .11ea clir(4c,tea to be Q1(1 the rycalar Voti i the .ity of 5 o'clock to 1clac!vm •Me 10th (1.'L:.! 0- 1926, to a vote to wilther 4neteabe44 iU c e1.ve1ja7:11 , -assa,e, - " 1:;e•" 1 e.„.'fyot 'hit t4rt ..14:31 4 Viltorink 'A. An. '2,0 nMtvro,, f itt tlIttPiltiVkilt7; wnittitAs, irli ocifititoolot tat the MO nt ittlattil tittatita ft itatlatthle tit WO hitiote it tilts Pat Of MIAMI In the Ittlfil 'Of r.itiron 311111fin st•n•i) ftiffirieki PiititoTtintionnti 'mi. lire 1.311.tnn.nOnsint for the intveral otir- bolift Mot in the eeteral Illittinthtn Matter - Motif 001 hitt ifl. tht4 ortittotttoo, raeaft that lo reitoeet of $1,M15,1100.0n fifth& for MI. tittiethw to the ttot errottent of the United f.4 ttitoa of the Ititerebtry of WO 'fond* tor IntrIMP tftiOtti•efttoit1f4, It Ift the ettieettittott tat tha fhttlittlnaltto tri ithtfelliate,the Artlit ht theft !MAW{ hy the hoottmeit Of hood sloth+. Patfith ftlitiiii and tit Wm ttititta that MaY It* ntiptobfintod by 111A 'cintoritinent inf.., tomb harbilf Intbrtitaittaht lit the Oka -Merit Of Pooh Ittitalt 11,,aiteh futnto t'hnuld to teeelrerl to rettanhahln tttlio totnit thii tIntention of th4S botiott in *111,11 pliett bohila may fro, ?mix- be itotott, ?crltt', Tlft.fttrilitt, Ilt IT (11tilktNT!,0 111" i'lt 3: Pilaf .313P.1(IN in."rrit riTV rir Mt.10,11: so.,-tinn 1. That .111tir.,,t to ratitteattm hy the tote ot it majority at tho Olootora. AA to, Aro troohohlora 11! 01. 1.1VC ta Nintnt, toting: rottaratoly mum raeh nt- the oineteott t Mt leniii leetteM 11.mirtriffer nimittoim,i nt WI . • til4tet1n11 1n he held on the loth ilay of I el, It arr. 1f7t.I$1, tvloo‘h le lerretly on11,,,!, the toterttiable tem& of the (IP: .4 Miami ahni. 1* latuftil AA follou.: . (A1 Nat ototonliii: fit,coni, tor roil, f`atrootlior at: aMhtiot, tn tho f'ity thapitill Ahtl ttlitohmiltm otanainotil titorofor. unlit obri,".;!*httntition3;.,"1",„ al'olf:If'llit.:,wil-.9.4.il'it,‘"!1',"CAlvfon. ao that nil thorooi .11 of I,,ir• matt,,,,,-- ,,.1.4,4., 41,4 ,.... ,,,,,,,, !,I.. ,,r . .r,r!le. t•t,t..S 1,40.,..d.'.. 111.1 41,, ;,0.0.4 1•/ f •• no tt.t,,,, 1••.,-1 ,itttr. f t„ , I,. Nnt e A.•••• .,,tte 1,.,11,lit,r, f,. 'Mt IN. 1.11V. V •!41/ . ky.1.111. IT LI, u.s. 110,141 Vit., 1414., cOn..1..,•11,4, omit or tonlitior nn mirlitool to 'M. pf: - sit filter Want, ,',.r,-t.-ta-tirm '., 111,1a1/1. 111.17111111r WIWI.. ,It i!,11I: .•P',r,”ta,,n1 %,,,i ' And Ammar:int Inn t tof tho =an o, ,n,•.! 1c1 11111111r. a. folfw.i... I •t ono ::, ,,,A• o ,il • the .11:1.4 111-11: 1' 11.0 i11,-111.1'.. i -45a.ttoo. tti ra,14 14 thr ,./414-. 1917 to 1 tiNtt ftittlItteVo. on 11131 3" 11r/latrf Ai,31: 1. ."r nuttttre,1 ulthlo 11%, 4,r.414abio ii fa a ...,,,I tivritt.,iriitetft. atilt, 11 r-ohnblo !tfo a, now ,... 1 tunt,10,1 a.t.i ,t,..,1.,,r,,i to i+4, ;:,, 3,:„, r,•,„., Marti% I. I te2tt ,.. Not .A.-0••,1,rov 4.3.) .1,,•1: for fAt.1”1 Inc tho Ire+. 1411,1 f',i`i: Ott, 1,1 of V.. 4,,,.--,-1 InIlway -1,1.111. I•at,1 -1,,a1d. Ina alfitat-4. at. to', Init. 1.50ftlf in r.11.41 of if, t,,ettr... !;,,;!!) 11131 ot.1,14....n, tttottl at ea• 11 Itt On vonr. 111:1•2' 1,1 iti:15 4nob,.,... ••,:t1.00`/ in HIP 1'174t 11e1(1. 1.1::,..,..111 y•i r r ,t, t,t. ttlf. Ife:47 In 1041 it,,•1,014.0 7101 '1'/'hifl1•1 .41.11 of th* 1..4 r. 111-121. 19411 .i1A‘11.1T., .1 that all tP,re$,t .1,al; trt-e r. tot:- within the Prithable life , or tf'ti ttrIrtfn,• 1113111, who'll 717•nt.a14,, I.! r IA r.'-' e,.,z111.0.-,°, and tiftolated t n itst 201 ;rear! f re,m1 Mar"'. I, 1:3:41 ,,t t Not .yee,,,,log 1.:;111,non PIT entt• I attn.-Wit a bride. nver the .3ttatrit !beer 1 at or hear Norrliste.t t:fol 'teem. snot le•tot., to matore at 1 oi!ow, it 1,1.00,,. io on,O 444. yrptrft 414:414 tt• 4 ttlft in, I ai, v.. and,. t;15.itott. in o.i$4$ :4 tip, %tate to:itt to 19.011 git•Iiii+lve, 4.1 that all thereot ,hotti tts.tture4 tA Plan the Dr.)hultio lit,. 44 4:kW f itliprovalitotal. ...t 1,-11 III t,4.411. 111t1 1. Ilt/WI ..34',tint.•..1 ,.*1' 1 1., '.':irt.11 (,. ...' 31.1 ,..,,,. t.•••,•• I 1 t:tt, let Not IR ...,,, ir: Attloittne ., /frt,f,,,.• eii t• Vte NtItttitt Ittie, tf ..r ItemNnritsue..1 7'::114 A1-4,2,1e, .1.7 to mature to, folioee tflo omt m ,,,,,,!, , $ ote team to,tin Aro 7n37, %.1 00,,, it, 1 , ••.1 lh41. yrate Ina'. • , 1.104: ,I• ;1. ,.. a .,, 5:11.A110 in (melt of t•1• r,i- 1°.44S 1.1 1.1101 :A :111Aivo., A.t. 0.1:o .i'l if,-. -•,! -.11.1 rhaf%,:rofi ...Altai it. p:.ol....,... ...f, iff tv.,.! ,171.p7ri . wpm, , h., ,t r,,,,-,0,... Li- :f `t ttf .gtallAt.44 tintI tiet'iti..et., to b• :IO ,7•,ari• (:•nnt 11.14:eh 1. 1.1111 11' "....,,1 .1.....1111.1 1'41601 to'," ler te,r, ,r0" , ?I.,: ^:. K-cm- ,, -.. ,h, !Iro- t 1-1 rt00 !s", -.01,,,, .4 1-1+r k•-...r a 4., /tortft. In inni••••,. •A. 1 ,”.,,,t at ttt ttt,t illf *ft:* 4ftt't i,, 31.t”tt i.:, ..0, -. at. scr,,eio.$ lo .4o-7t at th." yoltra 1911) to 1K,0 j tholia.ive, ai that all tiv^otif .111111 have r". 7 • tor.1 vItiai the prohab1 . lite of sold! Prot rotrol. 1,1h11'h 1,r0ha1)l. life 1. now oft! tnntott fahl thfolftrott to try tOt 'ran, from .1 NI are)* 1, 1026, iC I Not rt000,ling $37'4n.44043. tt,r ,,,,, ,itti, ta,c a broitte .i.,,i the MI19111, TWf.- to ar fare. ,.0.01,,..t I,l St'.t 0441,1 11.11'14 I., n.pt;;t,. A.• fr,:11,0,. !!.111 Orin in ma+ ot oho f".A. . 1 i41.1 a.:,I i3.11, 1..1110,,, to mo'li th. t,,,,,,,. infiti to 11+4: :to ii,fo,,,, ow 1 ..."1t.11flto 01 ... b •,t 11,. 11+1,.. )044, In Irr., .:..',1+..t.. Pi WO all ttv.rt,44f 4.1a$4V, 11441', Di'. ' •ntr! ft at n Ott, wohithii. hto of .41,1 fof • 1 ts..ti'.141,14, It ftl^h pr,l-M,I. MO :1 11,,34 PIO' t `t 1 .ttd, A..43',,, tit t•••• :Pt :P.'''. 0. ,,t: t .1,, ...rot! 4,444tftt.4 ir tt!.07.4 tttill fo-- ,,,,, ft ,-,,,..,,,,. 1 1.• .1g.. .,.., 41,... NI 'am Tilve, :It l', '•••,1' 'I' It* I *,,,1 % 1 ,,11.tit 1,.,ie., It 1:,,t11111 ttl Null of ,,,... ...itte 'Wit. 14. " , r• 01 the year* n to I 1 ros5 Ineittu,000.1.1,41 fs in emelt of the Trare 414,tittii. Art ellott of the ,reitra _sport Pav titio_t.r, I 11114111.11...1111.1.111. all thereof Wall Ito e tit* 4 t,l41,4 ttitttio borit the tirobable. lqtit: of Itaitt‘titl rt*Lt no., t orovement. whiela bro_ l* _ ra tri t, rxturnot.4 la:14,2ilitr. Wed to tes 7 A PIA ing Sl'..0 0011. for inetalltog itt,t11,14,tiltjeott:$;:.14:3411171:17M 3:0:31,dlisti.,71,1:1101r141,,i5t.tat 1.1 fr,‘,:ni5ttit:,,,e8,itet:u toituv , ripta;itini , Ail tiwr,„1 Oven lio•tt iinitttiett %%Mini Inci 440tnt $tt, a i..ita liniortn east lit. 14.1i1 p1 I prolnittle LI, tto 11044 rettotated aul ilerisrea 1,$ le• JD Yesre Inuit l'IllItet1 1. ) tl OS. . / Nult imilfintill; Alil Amato tor eriNt. , 134'. 44414 4%;11114413ts 41 tot,httng tur the etto.atte ei: irootr mot ittamtemotee of mumetpul w 1114; .1 ,:tilialit,Iretit. uuttailiti.1141014110:1: itsitinuit.luitel,). 101,110 4110holtd:er two, 175*100. in omit of the pow* littif to Into thelnatte, *ttihthto. to loot itt alto Y11.1. 11141 1.1 3 hitt indite:it% awl tftgi,13.}41 In ,K.,1, 4.f the 31.11re Pan IA/ 414111111,111.1$1, W1111411111 1110[04 0141411$400 Matured otiltoi the%ht.* Probable We ill orohattia life of *aid intrts,inttrwo jts:4eml ra,litlii.4., dootarro,Nothi ,litextioe00 4,4;00 r ,tritfitilla 4 folaligo 111b111' 1.11. tor ptialt. ,414 howl.' to 111111111rt liakt a : *11,1,1titi, ,:t raelt of the altars 3 Ilial twin. *i.e. fill.tiott, to etteh t:04:1.1:orlitozil7tittl,.:, o 1 .035 111 iiirititailf. t11,1 anti stoth,nittl, in •filelt 1' . „bee:pa; 34,111.1titt,l; ittitt nteltittt e, au. tha ; IAA tptorofetnelt3. Wutr" kohtillook14141****: III befro onoure0 with4u,4,h,n StAtt Ot 1:1,0R1bA ss. tOUNTY tDt 1lAbt 1 1. 6. V. 14arper. Business Manage!' of The Miii Herald Publithifig Company. a afttpOt- ation, publisher of The %anti Het' ald A newspaper of general circulation publishedAt Dade Couhty. ttoi'id d solemnly Meat that ate achtettigenient ot notice. A lithe copy of which is hereunto ailiked, was published in said newspaper on Subscribed and sworn) to before me this ! ./,' ,..• i 1,9 :"Z C: .; :,.,," - day of• .. ...... ,. ,.. . ; : ---, . , f I. , $ ' :. ' ' , , Notary Public. My commission expires Aoki* AMENDED BY ORDINANCE NC. 731 June e, 1927